Mastek Steels Private Limited
About Mastek Steels Private Limited
Data last updated:
Mastek Steels Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27105KA2004PTC033977. Its GSTIN is 29AAECM3099A2ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Jupelli Srinivas Rao and Poladi Avani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ist Floor Srinivasa Complex 3rd Cross Airport Road Vidyanagar, Bellary, Karnataka, India – 583104.
As per MCA filings, the company has open charges of ₹3.7 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mastek Steels Private Limited's registered office is in Bellary, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIst Floor Srinivasa Complex 3rd Cross Airport Road Vidyanagar, Bellary, Karnataka, India – 583104
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Mastek Steels Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Mastek Steels Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mastek Steels Private Limited, buy the company report.
Board of directors of Mastek Steels Private Limited
Mastek Steels has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jupelli Srinivas Rao Also directs: Integrated Ispat India Limited | Director | 18 Mar 2015 | 11 Years 7 Months | Current |
| Poladi Avani | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
| Poladi Anudeep | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Mastek Steels Private Limited is audited by K RAJU AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K RAJU AND ASSOCIATES | FY 2019 | 018189S |
Shareholding
The shareholding of Mastek Steels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mastek Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2011 | 10292030 | Karnataka State Financial Corporation | ₹1.7 Cr | Open | |
| 22 Mar 2011 | 10281596 | Axis Bank Limited | ₹2 Cr | Open | |
| 11 Mar 2006 | 80056151 | Andhra Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of Mastek Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mastek Steels Private Limited has 13 court cases on record: 4 filed by Mastek Steels, 9 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 9 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BALLARI, Karnataka | Criminal complaint | Filed by the company against Suresh Mittal Direct Ms Super Steels Pvt.Ltd. and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd.,Hubli | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by Karnataka State Pollution Control Board Rep by Deputy Environmental Officer, Regionaloffice Ballari | Pending |
To see the full case history of Mastek Steels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mastek Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mastek Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM3099A2ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mastek Steels Private Limited, buy the company report.
Recent activity
Mastek Steels Private Limited has 19 board changes on record since 2005: 11 appointments and 8 cessations. The latest: Poladi Lakshmi ceased to be Director on 15 Sep 2025.
14 earlier events are in the company report.
Frequently asked questions
Mastek Steels is an active private limited company based in Bellary, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 May 2004 (22+ years old) and is registered under CIN U27105KA2004PTC033977.
Mastek Steels has 3 current directors:
- Jupelli Srinivas Rao - Director
- Poladi Avani - Director
- Poladi Anudeep - Director
The latest financial statements of Mastek Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mastek Steels is 29AAECM3099A2ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mastek Steels is U27105KA2004PTC033977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mastek Steels has 13 court cases on record: 4 filed by the company and 9 filed against it. 1 is pending.
Mastek Steels was incorporated on 20 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Poladi Lakshmi ceased to be Director on 15 Sep 2025. Poladi Anudeep was appointed as Director on 11 Aug 2025. Poladi Avani was appointed as Director on 11 Aug 2025. Mastek Steels has 19 board changes on record in total.
The registered office of Mastek Steels is at Ist Floor Srinivasa Complex 3rd Cross Airport Road Vidyanagar, Bellary, Karnataka, India – 583104.
Mastek Steels operates in the metals and minerals industry, in the metal manufacturing and processing segment.